The road to riches?

The Boston Globe reports on the ongoing debate over Richard Florida's Rise of the Creative Class.

Also from Beantown, Harvard economist Edward Glaeser has published a paper arguing that urban growth and adapatability are strongly associated with the percentage of the population with college degrees. The key to success of any city--and what distinguished Boston from Pittsburgh during the 1980s--is attracting and retaining smart, educated people. But markets, not planning, help cities make the most of its resources. According to the Wall Street Journal (David Wessel, Feb. 26, 2004), Prof. Glaeser says, "Get the smart folks and let them figure out what the industries of the future are. Don't micromanage."

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Pittsblog 2.0 is written by Mike Madison, a law professor at the University of Pittsburgh. Send email to michael.j.madison[at]gmail.com. Mike also blogs at Madisonian.net, on law and technology. Chris Briem of Null Space drops by from time to time.

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